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Westpac New Zealand - Latest News [Page 1]
Westpac NZ Reports Broadly Flat Underlying Profit
Monday, 4 November 2024, 10:58 am | Westpac New Zealand
Pre-provision profit was up 1% on the prior corresponding period, with net profit rising 10% to $1,055 million, reflecting a significant drop in impairment charges compared to the prior corresponding period. More >>
Property Developers Are Investing In Sustainability, According To Westpac NZ Data
Friday, 18 October 2024, 10:18 am | Westpac New Zealand
Reuben Tucker, Westpac NZ MD Institutional & Business Banking, says the bank is supporting investment in healthy and affordable social housing, as well as energy efficient homes and offices, and projects to increase climate resilience. More >>
Westpac NZ Cuts Popular Fixed Home Loan Rates
Thursday, 17 October 2024, 2:58 pm | Westpac New Zealand
Westpac NZ General Manager of Product, Sustainability and Marketing Sarah Hearn says the changes should provide another confidence boost to home loan customers rolling over onto lower rates. More >>
Westpac NZ Cuts Fixed And Floating Rates
Wednesday, 9 October 2024, 3:41 pm | Westpac New Zealand
The bank is also cutting fixed home lending rates by 0.10% p.a., which means it has now reduced its advertised 12-month home loan interest rate by a total of 0.95% p.a. since the start of July. More >>
Westpac NZ Cuts Home Loan And Term Deposit Rates Further
Saturday, 14 September 2024, 11:25 pm | Westpac New Zealand
Westpac NZ is cutting its fixed special home loan rates between 6 months and 4 years, giving it the outright lowest advertised 2 year special rate of the five major banks, and the joint-lowest on all other advertised special fixed terms. More >>
Westpac NZ Delivers Further Cuts To Home Loan And Term Deposit Rates
Friday, 16 August 2024, 6:35 pm | Westpac New Zealand
The bank is also lowering some of its term deposit rates. All changes are effective Monday 19 August. More >>
Westpac NZ Cuts Floating Rates In Response To OCR Drop
Wednesday, 14 August 2024, 7:45 pm | Westpac New Zealand
Westpac NZ General Manager of Product, Sustainability and Marketing Sarah Hearn says today’s floating rate cuts are another sign of repayment relief on the way for homeowners, businesses, farmers and growers. More >>
Westpac NZ Makes Further Cuts To Home Loan And Term Deposit Rates
Thursday, 8 August 2024, 4:44 pm | Westpac New Zealand
Westpac NZ is delivering cuts to its special home loan rates. It’s the third round of cuts the bank has made in the past month, giving it the outright lowest advertised rates of the five major banks on its 2 year term, and the joint lowest rates on the ... More >>
Westpac NZ Cuts Home Loan And Term Deposit Rates
Wednesday, 24 July 2024, 2:14 pm | Westpac New Zealand
Overall, the bank has reduced its advertised special home loan rates across all terms by between 0.1% and 0.4% since the start of July. More >>
Shared Ownership Housing Options Could Help Thousands More NZers Into Their Own Home
Tuesday, 23 July 2024, 7:23 am | Westpac New Zealand
Affordable shared home ownership options like shared equity and leasehold could help tens of thousands more New Zealanders into their own homes, but work is needed to help the sector scale up, according to new research released by Westpac NZ. More >>
Westpac NZ Updates Processes To Help Young People In Care Open Bank Accounts
Wednesday, 19 June 2024, 8:18 am | Westpac New Zealand
Westpac’s new process means young people aged 15-17 who are in the care of Oranga Tamariki are now able to open a bank account without needing consent from a parent or guardian. More >>
The Winter Blues – Consumer Confidence Drops To Low Levels.
Tuesday, 18 June 2024, 9:23 am | Westpac New Zealand
The Westpac McDermott Miller Consumer Confidence Index fell 11 points in June to a level of 82.2. That fall erased the gains seen over the past six months and leaves confidence about the economic outlook only modestly above historic lows. More >>
Westpac NZ Hits Open Banking Milestone
Thursday, 30 May 2024, 12:29 pm | Westpac New Zealand
Westpac NZ is operationally ready to work with approved third parties on delivering open banking solutions that will help improve New Zealanders’ banking experiences. More >>
Westpac NZ Invests In Simpler, Safer Banking For Customers
Monday, 6 May 2024, 10:26 am | Westpac New Zealand
Westpac New Zealand (Westpac NZ) [i] has reported an 8% fall in pre-provision profit for the six months ended 31 March 2024 compared to the same period last year, as it continues to invest in supporting customers through a challenging period and making ... More >>
The Squeezed Middle Feeling A Little Less Squeezed
Wednesday, 20 March 2024, 9:23 am | Westpac New Zealand
Westpac McDermott Miller Consumer Confidence, March quarter 2024 More >>
2024 Te Waiu O Aotearoa Trust Scholarship Recipients Announced
Monday, 18 March 2024, 10:11 am | Westpac New Zealand
The 2024 recipients of the Te Waiu o Aotearoa (TWOA) Trust scholarships have been announced. The four recipients come from throughout Aotearoa, but share a common purpose in wanting to build on their studies to make a difference in their communities. ... More >>
Earnings Up, But Job Prospects Dimming
Tuesday, 23 January 2024, 11:51 am | Westpac New Zealand
Westpac McDermott Miller Employment Confidence, December quarter 2023 More >>
Earnings Up, But Job Prospects Dimming
Tuesday, 23 January 2024, 9:33 am | Westpac New Zealand
Westpac McDermott Miller Employment Confidence, December quarter 2023 The Westpac McDermott Miller Employment Confidence Index (ECI) rose by 1.4 points to 99.7 in the December quarter. The Index remains down substantially from its peak of 115.2 ... More >>
Westpac NZ Encourages Kiwis To Draw Up A Plan For This Year’s Spending
Thursday, 18 January 2024, 8:31 am | Westpac New Zealand
Westpac NZ is encouraging New Zealanders to put together a 2024 budget, as new research shows more than one in four Kiwis expect to be impacted by a holiday spending hangover. A survey of 1,110 Westpac customers showed 27% of respondents believed holiday spending ... More >>
Households Feeling A Little More Festive, But Still Planning On A Frugal Little Christmas.
Monday, 18 December 2023, 8:43 am | Westpac New Zealand
Westpac McDermott Miller Consumer Confidence, December quarter 2023 The Westpac McDermott Miller Consumer Confidence Index rose 8.7 points in December to a level of 88.9. While that’s still well below average, the rise in confidence in recent ... More >>
